Qualcomm picks TSMC over Samsung for new chip, and Samsung faces big tax trouble in India
Qualcomm has decided to team up with TSMC, not Samsung, to make its new Snapdragon 8s Gen 4 chip. This choice shows Qualcomm trusts TSMC more for this job. Samsung has been a big player in making chips, but lately, it’s been losing some ground.
Experts say TSMC is better at producing high-quality chips right now, which might be why Qualcomm went with them. This could be a tough hit for Samsung, as it’s already dealing with other problems.
In another story, Samsung is in hot water in India. The Indian government says Samsung owes $601 million in back taxes. They claim Samsung tried to avoid paying import fees by not following the rules. Samsung brought in equipment and parts for its factories but didn’t pay the right taxes, according to officials.
This huge bill could hurt Samsung’s business in India, where it’s been working hard to grow. Samsung isn’t happy about these claims and says it follows all the laws. The company plans to fight the tax demand and clear its name.
Meanwhile, losing Qualcomm’s trust and facing this massive tax issue might make things tricky for Samsung. These challenges show how tough the tech world can be, with companies battling for trust and dealing with money disputes. Fans of Samsung will be watching closely to see how the company handles this rough patch.
